DOGE's Stagnant Price Triggers Whale Buying Spree Under $0.098 Resistance
The price of DOGE is stuck under a significant resistance level at $0.098, according to analyst Ali Martinez's cost-basis data. This level has become a major cluster due to a huge amount of supply sitting there.
A breakout through zones like this often needs real demand to absorb the overhead, which could be challenging for DOGE.
The next notable supply pocket sits near $0.11, where about 4.98 billion DOGE changed hands. Above that, $0.20 becomes a larger hurdle backed by roughly 12 billion DOGE.
Whales are not waiting for the breakout, as they have been buying more than 1.14 billion DOGE over the past 96 hours, worth about $112 million, into the resistance zone, not after a clean break.